I think we did do some work. We did survey municipalities. Out of all the programs, one specific program we looked at was the infrastructure stimulus fund, a $4 billion program in a larger envelope of $16 billion worth of infrastructure.
We surveyed. We had 644 municipalities participate in this survey. They had a lot of positive things to say with respect to improving community welfare, with respect to reducing infrastructure deficit. I think it also said that a lot of the work that it was dealing with, with this specific program, was more “bringing forward” kind of work; it was renewal-related work. It had a modest job impact. That's what we heard.
I think overall we've not quibbled at the PBO with the Department of Finance's global estimates in terms of the output. If you have a $47 billion stimulus package, what will be the impact on output? What will be the impact on employment? I think it's important to realize that those estimates are model-based estimates based on historical experience. I think it is important when you have a big stimulus package and it's deficit-financed that you do policy evaluation on it afterwards. It may be quite as positive as you said.